UK Commercial Property REIT (LON:UKCM) Sets New 12-Month High at $68.70

March 22, 2024

1 minute read

Shares of UK Commercial Property REIT Limited (LON:UKCM – Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as GBX 68.70 ($0.87) and last traded at GBX 68.05 ($0.87), with a volume of 3277103 shares trading hands. The stock had previously closed at GBX 67.90 ($0.86).

UK Commercial Property REIT Stock Performance

The stock’s 50 day moving average price is GBX 63.84 and its 200 day moving average price is GBX 59.22. The company has a current ratio of 2.46, a quick ratio of 2.58 and a debt-to-equity ratio of 21.40. The firm has a market cap of £891.80 million, a PE ratio of -251.48 and a beta of 0.35.

UK Commercial Property REIT Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 15th were paid a GBX 0.85 ($0.01) dividend. This represents a dividend yield of 1.33%. The ex-dividend date of this dividend was Thursday, February 15th. UK Commercial Property REIT’s dividend payout ratio is presently -1,111.11%.

About UK Commercial Property REIT

(Get Free Report)

UK Commercial Property REIT Limited (UKCM) is a listed Real Estate Investment Trust (REIT) with a net asset value of £1.1 billion as at 30 June 2023. UKCM is one of the largest diversified REITs in the UK and is a component of the FTSE 250 index made up of the largest 350 companies with a primary listing on the London Stock Exchange.